$MON Capital inflow? Don't get too excited—it could be a carefully designed trap.

The market looks active on the surface, but the big whales are quietly planning in the opposite direction. What does this divergence mean? Let's take a look at the on-chain data:
The top 100 investors in positions are reducing their long holdings, and most large exchange accounts are leaning towards selling. The funding rate has turned negative—this means short sellers have put pressure on the market, and short-term market sentiment is clearly bearish.
Do you remember Arthur Hayes' warning? He mentioned that some highly valued Layer 1 projects could see a 99% drop. Can a small coin like MON, with just a few million dollars in market cap and tokens not fully unlocked, withstand such pressure?
"Never pumped" doesn't mean "about to explode"—often, the opposite is true. It might just be waiting for the right moment to hit zero.
My opinion is very straightforward:
In terms of trend, follow the steps of the giant whale—shorting is safer than going long. The goal is to break the previous bottom, and the life cycle of these coins is often very short. The hype around new coins at launch is essentially to create exit opportunities for early investors, not to benefit small investors.
Simply put:
When the on-chain data shows capital inflow but the whales are doing the opposite, you have to ask yourself: who is digging a hole for whom? Don’t let apparent prosperity cloud your judgment.